My First BRR deal!
I just got my first BRRR deal accepted in North Richland Hills! Excited but also nervous about the rehab work needs to be done. It has a basement in Texas! I was worried about the flooding as it happened last August. My agent told me it was due to a sump pump malfunction and the seller replaced it with 2 pumps. The basement is unfinished and the whole house needs an inside out rehab, replacing the floor, knock down some walls, redo the bathroom, drywalls, etc. I have a contractor saying the work can be done in 1-2 month but I am not sure. I am planning to have a couple of contractors coming to give me bids on rehabbing. Learned from David's book, I think I need itemized list from each bids. How's everyone's experience with having contractors bidding and giving itemized bids? Any good suggestions on finding good contractors on your first BRRR rehab? I am also open if anyone has good contractors to recommend. Thanks!